Company Profile
Valuations WA is an independent Perth Property Valuation and Real Estate Consultancy company established in 1980. Located in suburban Osborne Park our office provides valuations and real estate advice across Western Australia, efficiently and at a competitive rate. ur valuers are all Certified Practising Valuers and members of the Australian Property Institute.
We specialise in a diverse range of property related transactions and will assist you in a professional and timely manner. We pride ourselves on great service and advice and look forward to assisting you with your property needs.
Take advantage in our BEST PRICE GUARANTEE. We guarantee that we’ll beat any genuine competitors written quote by 10%.*
Professional Accreditations
Background
The Australian Property Institute (API) was originally formed in 1926 as the Commonwealth Institute of Valuers. The Institute has undergone several name changes over the last century as the array of services offered by its members expanded.
Today the API represents the interests of more than 7,500 property professionals throughout Australia. API members include residential, commercial and plant and machinery valuers, property advisers, property analysts, property fund and asset managers, property facility managers, property lawyers, and property researchers and academics.
The Institute's primary role is to set and maintain the highest standards of professional practice, education, ethics and professional conduct for it members and the broader property profession.
Key Industry Role
The Institute is committed to building and maintaining a strong base for the future of the property profession through broadening the expertise and knowledge of membership.
The Institute is highly regarded and respected throughout Australia and in some states government regulations specify that property professionals must belong to a member association such as the API. Many leading Australian financial institutions also require property professionals who carry out mortgage valuation work to be members of the API.
API produces a range of leading property publications, including the Australian Property Journal, and other professional and educational texts, such as the Professional Practice Manual and Valuation Principles and Practices. The Institute also develops software packages, such as PropertyPro which provides a proforma template for residential mortgage valuation work. This proforma is the preferred format for the majority of Australia's leading financial institutions.
Highest Standards of Quality and Performance
Members of the Institute are bound by:
- A Code of Ethics
- Rules of Conduct
- Professional Practice Standards
Source: www.propertyinstitute.com.au
The Royal Institution of Chartered Surveyors (RICS)
About Us
With around 100,000 qualified members and over 50,000 students and trainees in some 140 countries, RICS provides the world's leading professional qualification in land, property, construction and the associated environmental issues.
An independent, not-for-profit organisation, RICS acts in the public interest: setting and regulating the highest standards of competence and integrity among our members; and providing impartial, authoritative advice on key issues for business, society and governments worldwide.
Serving the public interest
RICS was founded in London in 1868, and granted a Royal Charter by Queen Victoria in 1881. The Charter requires the Institution "to maintain and promote the usefulness of the profession for the public advantage." This commitment to act in the interests of society in everything we do continues to be our guiding principle.
Our members
The property sector represents some 70% of global wealth. Land, property and construction issues affect everyone, everywhere. They have a profound impact at all levels - on individuals and communities, small enterprises, global corporations and governments.
RICS members around the world understand the whole lifecycle of property, from land management and measurement, through planning, environmental impact assessment, and investment appraisal; to managing the construction process and advising on the most efficient use of buildings.
A modern profession with ancient roots
Surveyors have been in demand since the days of ancient Egyptians, who honoured their royal surveyors with ornate tombs. The Romans employed finitores (surveyors) and agrimensores (land surveyors).
With the rapid industrialisation and urbanisation of the 19th and 20th centuries, the diverse strands of the profession were drawn together, and today RICS represents and supports some 200 specialisms spanning the built and natural environments. 17 RICS Professional Groups set standards, develop guidance and provide information on best practice.
Qualified RICS members are recognised by designatory letters:
- FRICS (Fellow)
- MRICS (Member)
- AssocRICS (Associate)
RICS members are required to keep up to date with current practice through a programme of lifelong learning.
Best practice
RICS is the prime source of global professional standards, guidance and information on the professional management of land, property and construction. From asset valuation to building codes, RICS is the source of best practice.
Ethical values
RICS members must abide by a code of core ethical values:
- Act with integrity
- Always be honest
- Be open and transparent in your dealings
- Be accountable for all your actions
- Know and act within your limitations
- Be objective at all times
- Never discriminate against others
- Set a good example
- Have the courage to make a stand
Source: www.rics.org
Certified Practising Valuers (CPV)
About CPVs
Certified Practising Valuers (CPV) have a role at the heart of property as an important part of the Australian economy. They're usually working quietly behind the scenes in an objective and independent manner to help reduce risk and provide greater certainty for their clients. Their clients include those involved in business of any description – as well as mum and dad investors they could be, for instance, overseas investors, rural landholders, hotel owners and operators, insurance advisors, stockbrokers, solicitors, mining companies or finance companies.
CPV Ethics and Standards
CPVs hold a unique position in the property industry, being true professionals in the field of valuation. In order for them to keep that position, it is vital to maintain certain principles and values, and behave in a manner expected of Members of the Institute.
CPVs should always work in a professional manner, with integrity and honour. They should serve their clients and employers in good faith, acting impartially and objectively when providing independent advice. It is important to always respect the public interest.
CPVs should only take on work for which they have the competence, skill and/or experience to complete it to acceptable professional standards. If they are not able to complete the project themselves, they should work in conjunction with a suitably qualified and experienced practitioner to do so.
Any conflicts of interest should be identified and considered before a project is taken on. Members should not act in a matter in which a conflict or potential conflict has been identified, unless all interested parties have been made aware of the situation and agree to the Member continuing with the task.
It's important for Members to observe confidentiality requirements when working with clients and the public. Members should always conduct their business in a manner befitting their profession, and in accordance with reasonable public expectations of any professional workers.
Source: http://www.cpv.org.au
*Please contact us at (08) 9242 1611 if you recieve a lower written quote from a competitor. Please note the quote must be similar 'like for like', or substantially similar report.
